Interest rates are set to go parabolic in the coming months as the Federal Reserve moves to lower inflation. In a statement on Tuesday, Fed’s Lael Brainard said that the bank will also likely start qu...
Tag: Rate
Norway is Producing 1% of BTC Hash Rate Using Renewable Energy (Report)
According to a recent report from Arcane Research, Norway has become an attractive hub for the Bitcoin mining industry. Not only does the nation produce close to 1% of the global hash rate, but it is ...
Norway has almost 1% of global BTC hash rate
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing,” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate...
U.S. Added 431,000 Jobs In March—Unemployment Rate Falls Closer To Pre-Covid Low
Topline The U.S. added back another 431,000 jobs in March, helping the unemployment rate fall more than economists expected as the strong labor market recovery encourages Federal Reserve officials to ...
US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level
The U.S. economy is still scrambling with a labor shortage as a result of the pandemic, which left 10.9 million jobs vacant at the end of 2021. But the employment situation summary signals a strong re...
3 High Dividend REITs Capable Of Withstanding Interest Rate Hikes
Real estate may have benefited from the long stretch of historically low interest rates more than any other sector. Cheap debt has a direct impact on cash flow, which means more capital to grow and mo...
U.S. inflation jumps again and hits 6.4% rate, the Fed’s favorite price gauge shows
The numbers: The Federal Reserve’s favorite inflation calculator rose a sharp 0.6% in February and kept the increase over the past year at a 40-year high, explaining why the central bank plans to move...
10% of Norwegian Adults Own Crypto, Double the Rate in 2018
Crypto ownership in Norwegian soil has been trending, because 10% of the adult population, representing 420,000 Norwegians, own cryptocurrencies, according to a study by Arcane Research and Ernst &...
Can Bitcoin withstand upcoming Fed rate hikes?
A forty-year high US inflation rate, skyrocketing energy prices, and indications that the US economic recovery may be damaged by the effect from sanctions against Russia over its invasion of Ukraine a...
Expectations grow that Fed will deploy jumbo-size rate rises
Expectations are rising that the US Federal Reserve will make jumbo, half-point interest rate increases this year, as central bank officials signal that they may soon need to step up efforts to reduce...
Algorand is Growing in Transaction Rate as More Use Cases Get Introduced – crypto.news
Algorand has cleared over 11,000,000 transactions in the previous seven days, averaging 1,600,000 per day. There have been zero downtime and transaction costs of one-eighth of a penny in three years. ...
Goldman, BofA See Fed Going Big on Rate Hikes
Federal Reserve Chairman Jerome Powell made clear in a talk this week that he’s open to 50-basis point increases in interest rates, if necessary. The Fed is reacting to rampant inflation, with consume...
Mortgage rate soars closer to 5% in its second huge jump this week
The rate for the most common kind of mortgage just surged again. The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage...
Why Housing May Not Get as Hammered as Usual in This Rate Hike Cycle
Traditional home buyers are sure to be pinched by rising mortgage rates, but better-financed investors could keep prices rising. Here, a home for sale in Houston last summer. Brandon Bell/Getty Images...
Tight March labor report could lead Fed to a 50-basis point rate hike
CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear ...
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote – Defi Bitcoin News
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following t...
Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022
Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradi...
New York Times Goes Wrong on Bitcoin (BTC) Power Consumption Rate per Transaction – crypto.news
New York Times posted an article yesterday almost similar to a Bloomberg’s 2021 report touching on BTC power consumption. It claims that each BTC transaction requires 2000kWh of electricity. However, ...
Ethereum Bullish Signal: ETH 2.0 Staking Rate Spikes Up
Data shows the staking rate of the Ethereum Proof-of-stake contract (formerly called the ETH 2.0 upgrade) has surged up recently, a sign that could be positive for the crypto’s price. Ethereum 2.0 St...
Bitcoin Jumps Despite Fed Rate Hike
Bitcoin has shot up beyond the $40,000 mark once again. This goes against what everyone has been saying for several weeks – that another rate hike instituted by the Fed will cause the world’s number o...
USD/CHF forecast and SNB interest rate decision preview
The USD/CHF pair has been under pressure in the past few days as investors reflect on the actions of the Federal Reserve and the Swiss National Bank (SNB). It is trading at 0.9316, which is about 1.51...
Gold price forecast with Russia-Ukraine talks & bets on rate hikes at play
Gold price has bounced off Tuesday’s lows as the Russia-Ukraine crisis, and subsequent rise in the demand for safe havens, balance out talks on Fed’s interest rate hikes. gold price Fundamentals On th...
Argentina Raises Key Rate to 44.5% as Inflation Heats Up
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Argentina’s central bank raised its benchmark rate Tuesday...
Stocks Jump As Investors Prepare For Bigger Fed Rate Hikes To Fight Inflation
Topline The stock market finished slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more aggressive stance on fighting inflation, with a growing ...
Stocks Rise As Experts Call For Bigger Rate Hikes To Fight Inflation
Topline The stock market opened slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more aggressive stance on fighting inflation, with a growing nu...
Bitcoin Dominance Rate (BTCD) Gets Rejected At 44% Resistance Area
The Bitcoin dominance rate (BTCD) is showing short-term signs of weakness, but the long-term trend still remains bullish. BTCD has been decreasing underneath a descending resistance line since July 30...
Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high
Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue. In a Twitter debate on March 21, Preston Pysh, host of The Investor‘s Po...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’ – Economics Bitcoin News
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggr...
Treasuries Are Selling Off. Blame Powell’s Comments on Half-Point Rate Hikes.
Fed chief Jerome Powell, shown Monday at a conference in Washington, D.C., said ‘nothing’ would prevent the central bank from raising rates by a half-point at a coming meeting if needed. S...